Analog Devices Stock Sinks After Impressive Earnings. Here’s Why.
Text size Analog Devices headquarters in Silicon Valley. Andreistanescu/Dreamstime.com Analog Devices shares were sinking early Wednesday after the chip maker topped expectations for its second-quarter earnings but warned of a drop in revenue for the current quarter. Analog Devices (ticker: ADI) reported adjusted earnings of $2.83 a share for the April quarter, up 18% from … Read more